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Property Description
Welcome to 494 Commissioners Rd E, a remarkable bungalow in South London. Step through the spacious front foyer into the bright and airy living room, complete with an inviting electric fireplace and a convenient door leading to the backyard patioan ideal spot for entertaining or enjoying serene evenings beneath the stars. The heart of the home lies in the well-appointed kitchen, boasting an island, stainless steel appliances (including a gas stove), a breakfast area, and ample counter and cupboard space perfect for the culinary enthusiast or busy family. Adjacent is a separate dining room, offering an ideal setting for hosting dinner parties or intimate family meals. Find peace and tranquility in the cozy den, adaptable for use as a home office, library, or relaxation area. Retreat to one of the three generously sized bedrooms for rest and rejuvenation, complemented by two full bathrooms on the main level. Descend downstairs to discover the ultimate in-law suite, featuring a spacious family room, a combined kitchen and recreation room, two additional bedrooms, a bonus room, and a convenient laundry room with a sink. Completing the lower level is a three-piece bathroom, ensuring comfort and privacy for guests or extended family members. Step outside to your own backyard oasis, where outdoor living reaches its pinnacle. Lounge by the sparkling in-ground, salt water pool, installed in 2018, or unwind on the expansive stamped concrete patio spaces. Gather around the fire pit area for cozy evenings with loved ones, while the two sheds provide ample storage for outdoor essentials. Beautiful gardens and sprawling grass space offer endless opportunities for outdoor activities, making this backyard the perfect retreat for both pets and kids. With driveway parking for 7 vehicles and a single-car attached garage, convenience seamlessly blends with functionality in this exceptional property which is conveniently located near Victoria Hospital, schools, and shopping amenities.
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Property Features
Fenced Yard, Hospital, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
90' x 176'
Acreage
< .50
Lot Irregularities
90.23Ft. X 175.98Ft X 90.23Ft X 175.98Ft
Fronting
North
Taxes
$4,997 (2023)
Basement
Finished, Full
Exterior
Board/Batten, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
7
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 15.32' x 20.34' | Fireplace, W/O To Garden |
| Kitchen | Main | 11.29' x 12.30' | |
| Breakfast | Main | 8.83' x 9.02' | |
| Dining | Main | 11.29' x 11.81' | |
| Den | Main | 14.50' x 15.03' | |
| Prim Bdrm | Main | 13.06' x 13.68' | |
| 2nd Br | Main | 10.60' x 11.09' | |
| 3rd Br | Main | 9.35' x 11.09' | |
| Rec | Bsmt | 13.55' x 14.63' | |
| Kitchen | Bsmt | 8.69' x 12.96' | |
| Family | Bsmt | 9.84' x 21.65' | |
| Br | Bsmt | 14.53' x 22.21' |
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London Market Statistics
London Price Trend
494 Commissioners Rd E is a 3-bedroom 3-bathroom home listed for sale at $799,900, which is $159,065 (24.8%) higher than the average sold price of $640,835 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in London declined by $20,481 (3.1%) compared to the previous 30 day period (March 15 - April 13) and up $14,483 (2.3%) from the same time one year ago.Inventory Change
There were 227 3-bedroom homes listed in London over the last 30 days (April 14 - May 13), which is up 194.8% compared with the previous 30 day period (March 15 - April 13) and up 530.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in London typically sold ($7,819) (1.2%) below asking price over the last 30 days (April 14 - May 13), which represents a $2,753 decrease compared to the previous 30 day period (March 15 - April 13) and ($15,232) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in London over the last 30 days (April 14 - May 13) stood at 222.0%, down from 254.5% over the previous 30 days (March 15 - April 13) and up from 94.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in London stood at 19 days when successfully sold over the last 30 days (April 14 - May 13), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Centre City Realty Inc.
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